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Search Results 0 to 17 of about 18 (some duplicates have been removed)
with the story. the looming fiscal cliff, our economy hanging in the balance. moody's chief economist with us next. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corne us bank. lou: let's bring you up-to-date correctly on the money and what is happening on wall street. concernssabout pending tax hikes and budget cuts also known as the fiscal cliff. too much for many investors. stock prices for a second straight session. the dow down another hundred and 20 points. the index down three and three-quarters percent. down 400 points. the s&p down another 70. the loss, now three and a half percent. and nasdaq 42 points. mounting to almost 4%. all three indexes trading under their 200 day moving average. volume, two or three quarter billion shares. negative.
to the economy. >> and that is a huge deal. the fact that president bush is still getting blamed for the economy is something that clearly is showing up in those poll numbers. lou: we appreciate it. thank you. great work last night. president obama winning a second term as his party added to its majority in the senate, counting independent democrats could have a caucus of 55 members up from 53. among the most closely watched races, a democrat elizabeth warren beating republican incumbent senator scott brown. and in indiana, the democratic congressman, jim donnelly, defeating richard. in missouri democratic incumbent successfully fought off a challenge by congressman taught a kid who was not able to recover from comments about women's bodies and pregnancies of an absurd nature. well, in virginia democrat tim kane defeated former fellow governor george allen in thh most expensive senate race in the country. more than $82 million spent on the race. in the house republicans retain their majority with at least 2303 seats. the democrats' 192. ten races have yet to be called. the republicans 233 seats
, and more could be on our way out. shannon green with the story. the looming fiscal cliff, our economy hanging in the balance. rachel quit the corporate grind to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-ma marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. [ dog barking ] her dream -- to be the area's hottest interior design office. [ children laughing ] right now, she just dreams of an fice. get a free trial at constantcontact.com. lou: let's bring you upto-date correctly on the money and what is happening on wall street. concernssabout pending tax hikes and budget cuts also known as the fiscal cliff. too much for many investors. stock prices for a second straight session. the dow down another hundred and 20 points. the index down three and three-quarters percent. down 400 points. the s&p down another 70. the loss, now three and a half percent. and nasdaq 42 points. mounting t
technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ lou: president obama today meeting with some of the country's top business leaders. will a second term be more friendly to corporate america? carl's jr. and hardee's ceo giving us his perspective here in just a moment. in the moneyline tonight, president obama made it clear that the fiscal cliff could be avoided if he gets more taxpayer money. and investors choking on the president's words. investors reacting to that declaration by accelerating a sell-off in stocks as the president's talked. by the close the dollar plunged 185 points. s&p had lost 19, nasdaq down 37. in active trading, volume off to 4 billion shares today. of the past six trading sessions since the president won reelection. the dow has fallen 6705. it lo
you up to date on what is happening with the fiscal cliff. the market, the economy. the fiscal cliff is threatening wall street, stocks beginning with some optism, a modest lly only to see wary of the fiscal cliff. the dow and s&p down half a percent on the day. the nasdaq down three quarters of a percent. all the indexes under the 200 day moving averages, that is not good. tech shares the weakest of the market, microsoft a big weight on the market down three and three arters of a percent on news the person responsible for the companies windows 8 has left the company. cisco unchanged but the stock is trading slightly higher. beating targets on revenue and earnings. and the stock market struggling, but the moneyymoving out of stocks back into the debt market pushing prices hgher. the 10-year yield down to a 1.59%. getting a better understanding of the constituents, back in waington in session with a long list of chores. none more pressing than dealing with a fiscal cliff of the benghazi investigion. joining us now, host of "huckabee" on the fox ne channel. and author of the brand-new
the weak economy and the prospect of a steep dive off the fiscal clef. a wave of strikes and protest against government austerity programs in europe sweeping across spain, portugal, and greece today. labor unions have called those protests and other than as the largest since the start of the will or recession of 2008. but many economists say it will likely have no political impact says union members have become an increasingly small minority of european workers. the convent overall is suffering from purchased fatigued. the country can avoid its own fiscal cliff, with the only solution is to raise taxes on americans and businesses earning over $250,000 per year. a group of top ceos, they were encouraged. my next guest says rising tax rates will stifle business growth and cost jobs. good to have you with us. >> good to be here. lou: this president wants new taxes. that is a heck of an initial bargaining position. >> the president talks about tax rates. he wants tax rate increases, and the converse tht into dollars. the real question is can you raise tax revenue? the only way we will ra
at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a fferent chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. n't focus. i was always interrupting my teammates. earlier in my career, my coach approached me. he said, "i think that, you know, sometimes i don't feel like you're focused." so the next day, i went and saw a doctor. it was my adhd. like many kids with adhd, i didn't outgrow it. if you were diagnosed with adhd as a kid, you might still have it. find out more. take a quiz at ownitquiz.com to help r
, the implications for the economy are going to be truly first order. with growing over the cliff, holding their risk of recession in tutus it -- 2013, and that is not good for anybody's political future. lou: not good for anyone's political future, but i am getting increasingly less interested in political futures on the part of these folks and a lot more interested in the futures of 23 million people who still don't have jobs or underemployed. 8 million people who are working part-time and one full-time jobs . the list goes on. 5 million people who have been out of work for six months or longer. i guess what i'm saying here is, what about there future and why in the world can't we come to a resolution here before we go to a january 1st and watch all of these triggers go into effect? >> the key economic question, the central economic question of the next year to is what will it take to get the corporate sector to startthiring and investing again. to put those millions of unemployed folks back to work and to start expanding the scale of production, and i think bottom line is that the corporates are w
that they are back into recession. the economy shrinking. a 10 year on note shrinking. the housing market is improving, but obstacles still block a faster recovery. >> it seems likely this point that the pendulum has swung too far the other way. that overly tightened lending standards may now be preventing creditworthy borrowers from violent homes. thereby, slowing the revival of housing and keating economic recovery. lou: the good news is that i can do something about that. "the wall street journal" reported the federal housing administration has a $13.5 billion deficit. let me repeat that, $13.5 billion deficit. it is not official, but it is all but certain. oil giant bp and the justice department reaching a settlement over the deepwater horizon disaster in the gawker of the worst offshore oil spill in american history. bp oil agreed to pay $1.5 billion related to the death of 11 workers. three of the employees were also indicted on criminal charges including manslaughter and lying to congress. and raising taxes on the wealthy to prevent the economy from going over that cliff. afl-cio p
see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. usank. ♪ lou: president obama was a second term, as a strong support from the latino community among others. so the republicans need to shift their views on immigration reform to convince hispanics they should join the party. the republican party. manhattan institute fellow will be joining us here in moments. talk about just those issues. first we turn our attention to the markets and tonight's moneyline. consumer confidence moving high. reaching a five-year high this month according to the university of michigan survey. one is a surprise demand temporarily investor concerns about the fiscal cliff and the european union that appears near polling office -- falling off its own glass. president obama moved to the east room and stood before the cameras and microphones and produced a nearly -- well, a banishing, if you will. and 90-point gain in t
that the american economy needs and lguage. with regard to illegal immigration, i think the rule of law mains the best way of making sure that people don't come into the country illegally. the risk of an amnesty, and we are talking of an immigration reform, that is basically all the we are talking about, unfortunately, is aesty. every amnesty, weather in europe or the united states, has had the effect of attracting more people into the country illegally in the hop of a future amnesty. lou: years ago i started talking about a rational, effective, humane immigration policy that would take into account all of the concerns about displacement of those who were in this country illegally, due process, make a determination about how work permits and legal status was conferred. that is not enough. the activist groups in this country insist upon one thing, and it is a remarkable demand in my eyes that they insist upon amnesty, and this president is insisting upon amnesty. what is your reaction? >> well, what i worry about most , immigration advocates is not amnesty, but the incredibly successful campai
Search Results 0 to 17 of about 18 (some duplicates have been removed)